GMG · ASX

Goodman Group (ASX:GMG)

AU$36.56

 -0.86 (-2.298%)
ASX:Live
18/10/2024 04:10:23 PM
HALO Ords HALO Momentum HALO Growth HALO 50 HALO 200 +5
Consensus Score
/10
Recommend
Target Price
Deviation
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GMG Overview

GMG Health Scores

Short Term

Mean Reversion

Neutral

Trend

Very Weak

Event

Very Weak

Halo Model

MQV

Weak

GARP

Weak

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Weak

Growth

Earnings

Very Weak

Dividends

Strong

Quality

Capital Efficiency

Weak

Balance Sheet

Neutral

About GMG

Telephone

Address

Description

Goodman Group engages in the development, owning, and management of industrial property and business space. It involves in the investment in directly and indirectly held industrial property, investment management, property services, and property development. The company was founded by Gregory Leith Goodman in 1989 and is headquartered in Sydney, Australia.

GMG Price Chart

Key Stats

Market Cap

AU$70.12B

PE

32.70

EV/EBITDA

31.0

Dividends Overview

DIV Yield

.9%

Franking

N/A

Ex Dividend Date (est.)

27-Jun-24

Market Data

52 weeks range

Low 19.79 - 37.8

Trade Value (12mth)

AU$32,064,511.00

1 week

0.91%

1 month

2.42%

YTD

46.52%

1 year

66.32%

All time high

37.80

Key Fundamentals

EPS 3 yr Growth

-104.20%

EBITDA Margin

27.00%

Operating Cashflow

$1,189m

Free Cash Flow Return

5.60%

ROIC

-0.50%

Interest Coverage

9.10

Quick Ratio

0.00

Other Data

Shares on Issue (Fully Dilluted)

1899m

HALO Sector

Next Company Report Date

13-Aug-25

Ex Dividend Date (est.)

27-Jun-24

Next Dividend Pay Date (est.)

26-Aug-24

Reporting Currency

AUD

Short Sell (% of issue)

0.87

GMG Announcements

Latest Announcements

Date Announcements

04 October 24

Notification of cessation of securities - GMG

×

Notification of cessation of securities - GMG

03 October 24

Appendix 3Y

×

Appendix 3Y

02 October 24

Goodman Group Employee Equity Grants

×

Goodman Group Employee Equity Grants

02 October 24

Notification regarding unquoted securities - GMG

×

Notification regarding unquoted securities - GMG

26 September 24

Notice of Annual General Meetings

×

Notice of Annual General Meetings

20 September 24

Appendix 3Y

×

Appendix 3Y

02 September 24

Goodman Group Dispatch of Annual Report and AGM key dates

×

Goodman Group Dispatch of Annual Report and AGM key dates

02 September 24

Appendix 3Y x 3

×

Appendix 3Y x 3

30 August 24

Application for quotation of securities - GMG

×

Application for quotation of securities - GMG

26 August 24

Dispatch of 30 June 2024 Distribution

×

Dispatch of 30 June 2024 Distribution

22 August 24

Cleansing Notice under sections 708A and 1012DA

×

Cleansing Notice under sections 708A and 1012DA

22 August 24

30 June 2024 Distribution Taxation Components

×

30 June 2024 Distribution Taxation Components

21 August 24

Application for quotation of securities - GMG

×

Application for quotation of securities - GMG

19 August 24

Proposed issue of securities - GMG

×

Proposed issue of securities - GMG

15 August 24

Appendix 4E

×

Appendix 4E

15 August 24

Goodman 2024 Annual Report

×

Goodman 2024 Annual Report

15 August 24

Goodman 30 June 2024 Full Year Results

×

Goodman 30 June 2024 Full Year Results

15 August 24

Full Year Results Presentation

×

Full Year Results Presentation

15 August 24

Appendix 4G and Corporate Governance Statement

×

Appendix 4G and Corporate Governance Statement

09 July 24

Notification of cessation of securities - GMG

×

Notification of cessation of securities - GMG

19 June 24

Dividend/Distribution - GMG

×

Dividend/Distribution - GMG

17 May 24

Appendix 3Y

×

Appendix 3Y

08 May 24

Q3 FY24 Operational Update

×

Q3 FY24 Operational Update

10 April 24

Goodman Group announces retirement of Phillip Pryke

×

Goodman Group announces retirement of Phillip Pryke

10 April 24

Appendix 3Z

×

Appendix 3Z

GMG Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 1.83 0.83 -0.05 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 1.79 0.81 -0.05 Lock Lock Lock
     Growth % Lock Lock Lock Lock 46.1 -54.7 -106.3 Lock Lock Lock
     PE X Lock Lock Lock Lock 25.4 20.9 32.7 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 23.9 19.9 31.0 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.79 0.72 0.79 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.15 0.37 0.32 Lock Lock Lock
     Growth % Lock Lock Lock Lock 13.3 -9.5 10.6 Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.8 1.8 0.9 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.30 0.30 0.30 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 1.5 1.5 0.9 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 16 36 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 8.79 9.57 9.23 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 8.37 9.12 8.80 Lock Lock Lock
     Growth % Lock Lock Lock Lock 25.3 9.0 -3.5 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 1,909 1,919 1,897 Lock Lock Lock
Basic m Lock Lock Lock Lock 1,864 1,879 1,897 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 2,056 1,964 1,962 Lock Lock Lock
     Growth % Lock Lock Lock Lock 10.2 -4.5 -0.1 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 331 101 110 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 1,451 1,325 1,406 Lock Lock Lock
     Growth % Lock Lock Lock Lock 53.0 -8.6 6.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 70.5 67.5 71.7 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 29 33 28 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 688 462 529 Lock Lock Lock
     Growth % Lock Lock Lock Lock 33.6 -32.9 14.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 33.5 23.5 27.0 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 17 17 18 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 671 445 512 Lock Lock Lock
     Growth % Lock Lock Lock Lock 36.4 -33.6 14.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 32.6 22.7 26.1 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 1,020 720 740 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 324 182 42 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 3,414 1,560 -99 Lock Lock Lock
     Growth % Lock Lock Lock Lock 47.7 -54.3 -106.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 166.0 79.4 -5.0 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 841 1,284 1,189 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 6 13 10 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -1,002 -716 -688 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 300 -309 -52 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 835 1,271 1,178 Lock Lock Lock
     Growth % Lock Lock Lock Lock -24.6 52.2 -7.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.4 0.6 0.6 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 1,056 1,360 1,785 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 21,466 24,072 23,904 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 2,757 3,348 3,712 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 1,847 2,000 1,938 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 5,042 6,048 6,366 Lock Lock Lock
Equity $m Lock Lock Lock Lock 16,425 18,025 17,538 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 19,182 21,373 21,250 Lock Lock Lock
     Growth % Lock Lock Lock Lock 25.3 11.4 -0.6 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 15.9 6.5 -0.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 20.8 8.7 -0.6 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 3.9 2.2 2.4 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 19.8 7.7 -0.5 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 4.9 6.3 5.6 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 16.7 12.7 9.1 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 2.7 4.3 3.7 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 11.2 11.1 11.0 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 3.5 3.9 4.1 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 1.9 1.5 1.2 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.1 0.1 0.1 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.1 0.1 0.1 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 49.6 36.7 37.7 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 4.8 3.0 3.1 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 31.8 25.3 5.7 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 15.9 6.5 -0.4 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.3 1.3 1.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 20.8 8.7 -0.6 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 83.6 63.9 675.8 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 17.4 5.5 -3.8 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 188.0 243.9 294.9 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 102.8 94.4 89.3 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 290.9 338.3 384.2 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 290.9 338.3 384.2 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

27-Jun-24

DIV Yield

.9%

Franking Level

N/A

DPSg

0.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
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Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.87%

Value ($M)

611

Prior Change

N/A

7 Day Change

-0.10%

1 Month Change

N/A

3 Month Change

-0.20%

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GMG Shortsell

Frequently Asked Questions

The current share price of Goodman Group (GMG:ASX) is AU$36.56.
The 52-week high share price for Goodman Group (GMG:ASX) is AU$37.80.
The 52-week low share price for Goodman Group (GMG:ASX)? is AU$19.79.
The current TTM dividend payout for Goodman Group (GMG:ASX) is 0.90.
The last dividend payment of Goodman Group (GMG:ASX) is AU$0.15.
Goodman Group (GMG:ASX) has a franking level of 0.0%.
Goodman Group (GMG:ASX) is classified in the Real Estate.
The current P/E ratio for Goodman Group (GMG:ASX) is 32.70.